Utilize este identificador para referenciar este registo: http://hdl.handle.net/10400.21/4521
Título: Short-term Value for the Water Stored in Headsensitivity Power System Reservoirs
Autor: Eusébio, Eduardo
Camus, Cristina Inês
Mendes, Víctor Manuel Fernandes
Palavras-chave: Economics
Power systems
Data: 2011
Editora: IEEE - Institute of Electrical and Electronics Engineers Inc.
Citação: EUSÉBIO, Eduardo Adelino Mateus Nunes; [Et. al.] - Short-term Value for the Water Stored in Headsensitivity Power System Reservoirs. 8th International Conference on the European Energy Market - EEM'11. ISBN 978-1-61284-285-1. (2011), pp. 275-280
Resumo: As it is well known, competitive electricity markets require new computing tools for generation companies to enhance the management of its resources. The economic value of the water stored in a power system reservoir is crucial information for enhancing the management of the reservoirs. This paper proposes a practical deterministic approach for computing the short-term economic value of the water stored in a power system reservoir, emphasizing the need to considerer water stored as a scarce resource with a short-term economic value. The paper addresses a problem concerning reservoirs with small storage capacities, i.e., the reservoirs considered as head-sensitivity. More precisely, the respective hydro plant is head-dependent and a pure linear approach is unable to capture such consideration. The paper presents a case study supported by the proposed practical deterministic approach and applied on a real multi-reservoir power system with three cascaded reservoirs, considering as input data forecasts for the electric energy price and for the natural inflow into the reservoirs over the schedule time horizon. The paper presents various water schedules due to different final stored water volume conditions on the reservoirs. Also, it presents the respective economic value of the water for the reservoirs at different stored water volume conditions.
Peer review: yes
URI: http://hdl.handle.net/10400.21/4521
DOI: 10.1109/EEM.2011.5953023
ISBN: 978-1-61284-285-1
Versão do Editor: http://ieeexplore.ieee.org/stamp/stamp.jsp?tp=&arnumber=5953023
Aparece nas colecções:ISEL - Eng. Electrotécn. - Artigos

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